As Flurry of Accounting Firm M&A’s Continue, Filomeno & Company Celebrates Nine-Year Partnership with McGladrey Alliance

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Continued partnership provides clients with benefits of both a large and small firm in an age of mergers and acquisitions.

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We aim to provide our clients with the benefits of both a large and small firm.

Filomeno & Company, a proactive CPA and business advisory firm, has been an active member of the McGladrey Alliance for nine years. This partnership allows Filomeno & Company the reach and resources of a national firm while maintaining a small firm culture of passionate client service. This is particularly timely given the recent trend of many small firms being acquired by larger entities.

In recent years, there has been a relentless drumbeat of accounting firm mergers and acquisitions. Perhaps the cause is the retiring Baby Boomer population, perhaps it is in response to the Great Recession, but whatever the cause or number of causes, this activity is widening the gap in the marketplace. Most often, businesses and individuals must weigh the pros and cons of choosing a large firm or a boutique as the pool of midsize firms continues to dwindle.

“At Filomeno & Company, we aim to provide our clients with the benefits of both a large and small firm,” said Thomas Filomeno, CPA, managing partner, Filomeno & Company.

McGladrey Alliance is a premier affiliation of independent accounting and consulting firms in the United States, with more than 90 members in 42 states and Puerto Rico.

Established in 1988, McGladrey Alliance provides a national network for member firms to access the resources, tools and expertise of McGladrey & Pullen, LLP. Through the McGladrey Alliance, members build and enhance their practices by leveraging the infrastructure and best practices of the fifth largest provider of assurance, tax and consulting services in the U.S. as well as through RSM International, the sixth largest network of independent accounting, tax and consulting firms, with more than 700 offices in 86 countries around the world.

As a member of the McGladrey Alliance Filomeno & Company can access top notch resources, combining global capabilities with the “local” touch to bring world class assurance, tax and consulting expertise to its clients.

“This partnership is an important differentiator in this market as many small firms are being acquired by large entities where clients are potentially sacrificing that personal connection with their consultant for big firm resources,” Filomeno said. “It is vitally important that we offer our clients a trusted local relationship combined with limitless resources to address every business need from local to national to international. Our partnership with McGladrey has made that happen for our clients.”

About Filomeno & Company
Filomeno & Company is a proactive business advisory firm offering a wide range of services including: accounting & auditing, business advisory, business valuations, corporate tax, individual tax or strategic tax, qualified plans and fraud prevention in addition to estate planning and wealth management services. Located in West Hartford, CT, the company’s mission is to passionately serve our clients, our community, our firm and each other. For more information, contact Filomeno & Company at 860.561.0020 or visit http://www.filomeno.com.

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Jessica Lyon
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